In a recent announcement, major crypto exchange Binance issued a notice of removal for selected margin trading pairs, which will be delisted from Cross and Isolated Margin platforms as applicable.
A total of eight pairs will be delisted from Cross Margin; three out of these eight will be delisted on Isolated Margin, with the delisting set to occur on August 21.
The eight Cross Margin pairs affected include AUCTION/$USDC, BEAMX/$USDC, CETUS/$USDC, $HUMA/$USDC, $LAYER/$USDC, $NXPC/$USDC, UMA/$USDC and VELODROME/$USDC.
The Isolated Margin pairs affected are three in number and include $HUMA/$USDC, $LAYER/$USDC and $NXPC/$USDC. Binance Margin will delist the aforementioned margin trading pairs on August 21 at 06:00 (UTC).
Starting from now, users will no longer be able to transfer any amount of assets of the said pairs via manual transfers and Auto-Transfer Mode into their Isolated Margin accounts with immediate effect.
Delisting dates
Binance Margin will suspend isolated margin borrowing on the isolated margin pairs of $HUMA/$USDC, $LAYER/$USDC and $NXPC/$USDC on August 18 at 06:00 (UTC).
Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the cross and isolated margin pairs listed on August 21 at 06:00 (UTC). These pairs will then be removed from Binance Margin.
Users will not be able to update their positions during the delisting process, which may take about 3 hours; hence, they are urged to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of Margin trading on August 21 to avoid potential losses.
Binance to perform wallet maintenance for $BNB Smart Chain
Binance will perform wallet maintenance for $BNB Smart Chain (BEP20) on August 20 at 06:00 (UTC).
To support the wallet maintenance, deposits and withdrawals on $BNB Smart Chain (BEP20) will be suspended starting from August 20 at 05:55 (UTC) and will be resumed when the maintenance is complete. The maintenance will take about one hour, but trading of tokens on the network will not be impacted.
